http://www.gamestooge.com/2009/05/07/duke-nukem-forever-no-more/

3D Realms has finally run out of cash and it looks like Duke Nukem Forever may forever be unreleased vaporware, as Take 2 refuses to bail the company out. Three weeks ago, George Broussard had reported in a Twitter post that they had finished 90% of the game:
Closing out a milestone this week. 71 more tasks to do and we started with probably 800-900. Been a good push. Next one starts Monday.
Earlier today, it had been reported that 3D Realms and the newly resurrected Apogee had fired some employees and that they’d lost funding. It was later revealed that Apogee was still developing Duke Nukem Trilogy for handheld consoles with Deep Silver:
“Deep Silver and Apogee Software are not affected by the situation at 3D Realms,” a representative for the companies told us. “Development on the Duke Nukem Trilogy is continuing as planned.”
At latest notice, 3D Realms webmaster Joe Siegler has commented on the shut down, stating: “It’s not a marketing thing. It’s true. I have nothing further to say at this time.”
Unless an angel comes to save it, it looks like Duke Nukem Forever will become Duke Nukem Never.
(Thanks, Shacknews.)